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Credit and the Consumer: Unit 3 pre-Test

Authored by kristen Lal

Social Studies

10th - 12th Grade

CCSS covered

Used 7+ times

Credit and the Consumer: Unit 3 pre-Test
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70 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Because Mr. Parker is ..., his application for a loan is approved.

creditworthy

profile

on time

character

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The bank uses a ... to find out how prospective borrowers repaid their past debts.

profile

loan agreement

credit bureau

budget

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The other name for credit bureau is ...

reporting agency

character

passbook loan

loan agreement

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Media Image

Three kinds of data that the computer at the reporting agency has are ...

a person's background

a person's history of borrowing and repayment

a person's employment record

a person's family background

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Jen wants to buy a camera. Which method will let her buy now and pay later?

check

cash

credit card

money transfer

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an advantage of using a check to pay bills?

You can buy now and pay later.

The money is transferred immediately.

You can pay using money in your account.

You may have to pay interest on the amount.

7.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Media Image

Angelina made a chart to compare the cost of buying a game console using different payment methods.


The total cost of buying a game console online using automatic payments: _____ x (________+________) =

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CCSS.6.NS.B.4

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